The Association of Public and Land-grant Universities (APLU) has named Iowa State an Innovation and Economic Prosperity University due to its dedication to engaging the economy.
"We're proud to be recognized by APLU. This designation is affirmation of the breadth of our economic engagement programs throughout the state, our record of achievement and our plans for continued service," Iowa State President Steven Leath said.
The program was launched by the APLU in 2013 to give recognition to universities that spur economic development in their regions. As of 2016, 54 institutions have garnered the designation from the APLU. Iowa State is the first university in Iowa to earn the honor.
The requirements of the designation included a self-study and an in-depth look at the economic development enterprise of the university.
"Public research universities such as Iowa State serve as economic engines for their local communities and states by conducting cutting-edge research that yields breakthroughs that improve life well beyond the confines of campus," APLU President Peter McPherson said. "Equally important, these institutions cultivate the talent necessary to help fledgling businesses take flight and ensure existing enterprises have the human capital they need to maintain their dynamism."